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$910,000
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Property Description
H&B offers due by Tuesday, 7-22-25 | 3pm *Classic Brick 3-Flat in East Humboldt Park - Solid Income, Strategic Updates, and Expansion Potential Beautiful turn-of-the-century Victorian 3-flat located just south of Division Street in East Humboldt Park. This legal 3-unit brick walk-up combines vintage charm, key system upgrades, and strong long-term potential-perfect for investors, developers, or owner-occupants looking to add value or convert under RT-4 zoning. Each of the three units offers 2 bedrooms and 1 bathroom, high 10 ft. ceilings, hardwood floors, and central heat. The top-floor unit has been thoughtfully renovated with updated kitchen and bath, new drywall, central AC, in-unit laundry, and refreshed finishes. Unit 2 was improved with new appliances, updated mechanicals, and cosmetic upgrades. Unit 1 retains its original finishes and offers clear value-add potential. Major building improvements include new rear porches (engineered to support an additional floor and roof deck), roof reseal, upgraded 200-amp electrical service, new front and rear windows and doors, new furnaces in all units, and a restored front entry and interior staircase. A brand new 3-car parking pad is being added, offering off-street parking and increasing rental desirability and convenience. Current annual rental income is $60,660 across staggered leases, with room for upside through rent adjustments and further renovations. Full unfinished basement offers storage or expansion potential. The deep 3,125 sq ft RT-4 lot with large backyard allows room for a garage or ADU addition (buyer to confirm with City of Chicago). Located on a quiet tree-lined street near Humboldt Park, Wicker Park, Bucktown, the 606 Trail, Blue Line CTA, Metra, Mariano's, and Division Street retail. A prime West Town location with strong rental demand and long-term value growth. Currently only showing at Open Houses
Full Property Details
Full Property Details for 2641 W Thomas St
General
- Sold For: $910,000
- Taxes: $11,220 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12400444
- Added to Site: 218 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Parking
- Total Spaces: 3
- Parking Features: On Site, Owned
- Parking On-Site: Yes
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: CALIFORNIA TO THOMAS; EAST TO PROPERTY
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan
Structural Information
- Architectural Style: Traditional
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Foundation: Stone
- Roof: Flat
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Standard Chicago Lot
- Lot Dimensions: 25 x 125
- Zoning: MULTI
Financial Considerations
- Tax Amount: $11,220
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 16014090070000
Listed by Keller Williams Premiere Properties
Sold by Compass
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Schools
Schools serving 2641 W Thomas St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Chopin Elementary School 2450 West Rice Street, Chicago, IL 60622 | PK-8 | 0.4 mi |
Clemente Community Academy High School 1147 North Western Avenue, Chicago, IL 60622 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2641 W Thomas St
Date
Details
Price
Change
Source
9/02/2025
Sold
$910,000
11.11%
MLS
7/08/2025
Listed
$819,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2641 W Thomas Street, Chicago, IL 60622 (MLS# 12400444) is a Multi-Family property that was sold at $910,000 on September 02, 2025. Want to learn more about 2641 W Thomas Street? Do you have questions about finding other Multi-Family real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.

